Mortgage and Financial News From 2008-3-9 Page 17

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• Help available for those in mortgage crisis

  MSNBC - One was John Berry of Manchester, who has an adjustable-rate mortgage and is trying to refinance into a fixed-rate loan. He said he was impressed with the amount of information available during yesterday morning's three-hour session, held at the ...
  2008-03-07 03:57:00

• Lawmakers lay an egg, prove they're chicken (Orlando Sentinel)

  I'm under no illusion that Central Florida politicians rush to read my column about warped flooring and leaky roofs. They're too busy scouring Scott Maxwell's "Taking Names" column to see if they got a mention next to the glitterati of morning-drive DJs and rehabbing rock stars. Ditto the Glitter King himself, a k a Gov. Charlie Crist , who has not responded to my two open letters about the ...
  2008-03-08 01:24:41

• Many homeowners still trapped in Ameriquest loans (Atlanta Journal-Constitution)

  In the fall of 2005, well before the mortgage meltdown hit, Roland Arnall was trying to become an ambassador.
  2008-03-08 05:13:36

• Pressures Grow for Good Appraisals and Bad (Washington Post)

  Everyone has the same question about homes now: What is one really worth? Professional real estate appraisers are paid to come up with a reliable answer -- one good enough to take to the bank, you might say. But they aren't finding the task much easier than the rest of us.
  2008-03-08 06:46:00

• Help available for those in mortgage crisis (New Hampshire Union Leader)

  Manchester - At a Manchester workshop hosted by Sen. Sununu, government and business leaders provided counsel. A second workshop is set for March 29 in Nashua.
  2008-03-08 09:11:07

• Liberty Realty's Nolan earns GRI designation (Reno Gazette-Journal)

  Michael P. Nolan of Liberty Realty of Reno recently was awarded the Graduate, Realtors Institute designation.
  2008-03-08 10:32:16

• Students face tight loan market (The Greenville News)

  As students start thinking about paying for college come fall, the South Carolina Student Loan Corp., the state's largest student lender, is scrambling for money to lend in a tight market.
  2008-03-08 11:04:16

• 10 easy ways to stretch your budget (Los Angeles Times)

  You can't do anything about the U.S. consumer price index, the official inflation measurement that is on the rise, giving headaches to people who worry about the consumer-driven economy.
  2008-03-09 12:50:16

• Bank shoots down effort to refinance loan

  Modesto Bee - Whittaker, who bought his house four years ago, contacted a mortgage broker who was able to arrange a new $260,000 loan locked at a favorable fixed rate of 5.5 percent for 30 years.
  2008-03-07 04:44:00

• State says lender misled consumers

  Seattle Post Intelligencer - The agency notified Assurity that it intends to seek to bar the owners, Calvin Hamler and Troy Hamler, from any Washington-licensed consumer loan company or mortgage broker and require they pay a fine of at least $250,000.
  2008-03-07 03:28:00

• Sharper Image wants to close 96 stores

  San Francisco Gate - Guy Amuial, a 31-year-old mortgage broker from Virginia Beach, Va., went to a Sharper Image store last Saturday and tried to use a $50 gift card from Christmas to buy a massage chair.
  2008-03-08 01:04:00

• Gables house tells story of how boom fizzled

  Miami Herald - Stevenson, a former mortgage broker, said he had to switch careers several months ago because business slowed to a crawl. He said he now works for a company processing foreclosures.
  2008-03-07 12:29:00

• Family fights eviction; Court order required family to leave their ...

  Owen Sound Sun Times - Kaboni said he's working with a Collingwood mortgage broker who is seeking a lender to refinance the mortgage. He said the mortgage is for $167,000 and he had believed he had to refinance that amount.
  2008-03-08 04:50:00

• Mortgage costs soaring despite rate cuts

  This is Money - Mortgage costs are rising at the fastest pace in living memory, a financial expert said yesterday. Ray Boulger, of mortgage broker John Charcol, warned it was becoming much more expensive to take out a loan, on the day the Bank of England decided to ...
  2008-03-07 05:41:00

• Workshop helps owners fight off foreclosure

  Modesto Bee - She said their mortgage broker had them sign the loan documents before reading them. "Sometimes, you trust people, and you don't know what's going to happen after that.
  2008-03-09 06:39:00

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